Planning to Think & Grow Rich

cont'd discussion about
Think and Grow Rich!: The Original Version, Restored and Revised
hereinafter called "TAGR".

Chapter Seven: Organized Planning

TAGR says that in building a plan, decide on what kind of people you need to involve in your plan as well as identify what benefits you can give to the other people so that your participation is appreciated. Then meet with your group at least twice weekly to jointly plan how to get rich. After your group has created a plan, put it into action. If the plan does not work, revise it and act on the revised plan. Keep revising and acting on the revised plan until you get rich.

Applying that to trading, I would seek out a successful trader with whom I feel comfortable working. Then I would draft a trading plan involving input from such successful trader and implement the plan. If the plan doesn’t work after a reasonable number of trades (i.e. need 30 or more trades to be statistically significant), then I would revise the trading plan and try it out on another reasonable number of trades. I would keep revising and acting on the revised plan until I get rich from trading !!!

...cont'd tomorrow...

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